Short Interest to Follow: Bojangles Incorporated (NASDAQ:BOJA) Could Burn Your Long Portfolio After More Shorts

November 28, 2016 - By Nellie Frank
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The stock of Bojangles Incorporated (NASDAQ:BOJA) registered an increase of 4.63% in short interest. BOJA’s total short interest was 838,100 shares in November as published by FINRA. Its up 4.63% from 801,000 shares, reported previously. With 120,700 shares average volume, it will take short sellers 7 days to cover their BOJA’s short positions. The short interest to Bojangles Incorporated’s float is 7.9%. The stock increased 2.04% or $0.4 on November 25, hitting $20.05. Bojangles Inc (NASDAQ:BOJA) has risen 12.20% since April 25, 2016 and is uptrending. It has outperformed by 6.19% the S&P500.

Bojangles’, Inc. is a restaurant operator and franchisor. The company has a market cap of $744.14 million. The Firm offers a range of items for breakfast, lunch, snack, dinner and after dinner. It has a 20.99 P/E ratio. The Company’s breakfast menu includes its Cajun Filet Biscuit.

Bojangles Inc (NASDAQ:BOJA) Ratings Coverage

Out of 9 analysts covering Bojangles Inc (NASDAQ:BOJA), 6 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 67% are positive. Bojangles Inc has been the topic of 13 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Thursday, November 5 by RBC Capital Markets. The company was upgraded on Friday, March 11 by Stephens. Jefferies maintained it with “Buy” rating and $22 target price in Friday, March 11 report. On Sunday, August 16 the stock rating was initiated by Barclays Capital with “Hold”. The firm has “Equal-Weight” rating given on Friday, March 11 by Barclays Capital. The firm has “Buy” rating given on Tuesday, July 28 by SunTrust. The stock of Bojangles Inc (NASDAQ:BOJA) has “Strong-Buy” rating given on Monday, August 10 by Vetr. The company was initiated on Tuesday, September 20 by Craig Hallum. The rating was maintained by Jefferies on Tuesday, August 9 with “Buy”. The company was upgraded on Tuesday, December 22 by Bank of America.

BOJA Company Profile

Bojangles’, Inc., incorporated on June 28, 2011, is a restaurant operator and franchisor. The Firm offers a range of items for breakfast, lunch, snack, dinner and after dinner. The Company’s breakfast menu includes its Cajun Filet Biscuit. It also offers hand-breaded, bone-in chicken, Chicken Supremes, Homestyle Chicken Tenders, sandwiches and wraps, as well as fixin’s, including its Seasoned Fries, Bo-Tato Rounds, Cajun Pintos and Dirty Rice. The Company’s Bo-Smart menu includes items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans. In addition to its individual menu items, it offers combos and family meals, as well as Big Bo Box. The Firm also offers Legendary Iced Tea. It offers Southern style mac ‘n cheese. The Company’s Cajun Filet Biscuit is a biscuit sandwich, featuring its marinated chicken filet. It also offers smoked sausage biscuit and grilled pork chop biscuit.

More notable recent Bojangles Inc (NASDAQ:BOJA) news were published by: Streetinsider.com which released: “Form 3 Bojangles’, Inc. For: Nov 14 Filed by: Roberts Laura Roxana” on July 27, 2016, also Fool.com with their article: “Why Bojangles Inc. Stock Soared 18% Last Month” published on April 09, 2016, Fool.com published: “How Sustainable Is the Growth Plan at Bojangles Inc?” on March 22, 2016. More interesting news about Bojangles Inc (NASDAQ:BOJA) were released by: Businesswire.com and their article: “Bojangles’® Announces its 2016 Master Biscuit Maker Champions” published on November 22, 2016 as well as Globenewswire.com‘s news article titled: “Bojangles’, Inc. Names William A. Kussell Non-Executive Chairman of the Board” with publication date: June 17, 2016.